Swift Energy Company (NYSE:SFY)

The Company is engaged in developing, exploring, acquiring and operating oil and gas properties, with a focus on oil and natural gas reserves onshore and in the inland waters of Louisiana and Texas and onshore in New Zealand.

In addition to insiders, analysts are generally positive on the prospects of this energy concern. The twelve analysts that cover the stock have a $19.50 a share median price target on Swift. Zack's also just upgraded the stock to a "Strong Buy", its highest rating.

Domestic drilling will only get more support running into election season AND....

Winter Heating Bills - We haven't seen the real effects of $100+/barrel oil over the cold season yet.

Drill, Drill, Drill... let it ring!

The Wall Street Journal - "biggest producer in the lower 48 is a 1,600 barrel-per-day Swift Energy well. Initial production rates tend to drop off sharply, but Continental (CLR) still has a strong result there.

this stock is an oil and natural gas play but has lagged in performance to others in the group. the PE ratio is very low at 10 and the future looking PE is even lower around 5 based on estimated earnings this year. Earning estimates have been increasing the last couple months. Yes the price of oil is a threat to the stock as well as hurricanes affecting the gulf coast where a lot of Swift's rigs and production is. They were hit by production losses during Hurricane Katrina. But none of their rigs were impacted so their assets were left intact. Compared to other energy companies with similar proven reserves and annual revenue the market cap of Swift is a lot lower. Swift has invested for the future not for only for today and I think it will be a good stock to own.